Willy van Ryckeghem
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Willy van Ryckeghem(Gent 1935) is a Belgian economist who devoted most of his career to the study of inflation in Latin America. He studied economics in Gent, Copenhagen and Paris and taught at the Universities of Brussels (VUB) and Gent from 1968 to 1982.
His first experience was in Argentina where he worked at Conade in 1964-65 under the auspices of the Harvard Development Advisory Service. He teamed with British economist Geoffrey Maynard to develop a stabilization model which was applied by the following administration during the period 1967-1970. After initial success in reducing the inflation rate from 22 to 7 percent without causing a major recession, the stabilization effort broke down in 1970.(1)
His next assignment was with IPEA in Rio de Janeiro under the auspices of the so-called Berkeley Group, where he developed the country`s first input-output table for 1959. (2)
In 1976 he published together with Geoffrey Maynard A World of Inflation . In this book, they distanced themselves from the dominant monetarist school, and drew attention to structural factors in explaining differences in inflation rates between countries. (3)
In 1982 he joined the Inter-American Development Bank in Washington DC where he led the Country Studies Division for seven years before becoming Deputy Manager of the Department of Economic and Social Development. In 1985 he presented a major study at the Latin American Studies Association (LASA) at Albuquerque of the impact of the Latin American Debt Crisis on the countries in the Region.
References
(1) Juan Carlos de Pablo : The Argentine Experience 1967-70, in Journal of Development Economics, Vol. 1, Issue 3, Dec. 1974
(2) Donald L. Huddle : Essays on the Economy of Brazil : the Berkeley Group, in : Economic Development and Cultural Change, Vol. 20, no 3 April 1972
(3) Helmut Frisch : Inflation Theory 1963-79 : A Second Generation Survey, Journal of Economic Literature, Vol 15, no 4, december 1977, pp. 1289-1317
Selected Publications
The Effect of Information on Consumers` Attitudes toward Resale Price Maintenance (with Y. Langaskens) in: Applied Statistics 1966 no. 1
An Econometric Model of minimum wages and employment in a dual economy: the Case of Puerto Rico, in: Tijdschrift voor Sociale Wetenschappen, Gent 1969 nr. 4 pp. 100-121.
An Intersectorial Consistency Model for Economic Planning in Brazil, in: The Economy of Brazil Ed. H.S.Ellis, University of California Press, 1969
Stabilization Policy in an Inflationary Economy - Argentina (with. G. Maynard) in Development Policy - Theory and Practice Edited by Gustav F. Papanek, Harvard University Press 1968
Politicas de Estabilizacion para una Economia Inflacionaria, in Desarrollo Economico, Buenos Aires, Julio-Setiembre 1972
Argentina 1967-70 : A Stabilization Attempt that Failed (with G. Maynard) in Banca Nazionale del Lavoro Quarterly Review, Rome December 1972.
A World of Inflation (with G. Maynard) Batsford, London 1976 ISBN 0713430680
Why Inflation Rates Differ (with G. Maynard) in Inflation in Small Countries Ed. H. Frisch, Springer Verlag, Berlin 1976
BENELUX in : The European Economy - Growth and Crisis Ed. Andrea Boltho, Oxford University Press, 1982